What emissions prices will mean for petrol costs

What emissions prices will mean for petrol costs | Q+A 2024

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Күн бұрын

Climate Change Minister Simon Watts announced this week he will reduce the number of carbon units available for polluters to buy as part of the Emissions Trading Scheme (ETS). Watts says this change was necessary to increase the price for emitting carbon. He says this cost will encourage people to reduce their emissions to help New Zealand meet its climate targets.
NZ Initiative's Eric Crampton says the scheme is at risk of political tinkering, which undermines its effectiveness as a tool. He says politicians may feel the pressure to intervene when the price of carbon starts to impact the cost of living.
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Пікірлер: 64

@RandomAccountHolder 27 күн бұрын

THey need to reduce the free credits and phase the free credits out 10% per year until they're gone in 2035. Those businesses have had decades to prepare at this point.

@sunset5927 27 күн бұрын

Yep. Nats went on and on about Labour’s ‘corporate welfare’ via subsidies to firms to reduce carbon emissions- paid via carbon tax from those very companies, NOT from govt tax revenues. Are Nats going to eliminate this corporate welfare via the freebie carbon tax credits? Yeah right!!

@jamesw7565 27 күн бұрын

In a cost of living crisis, a simple no we are punishing normal people as always.

@ProfessionalBadPerson 27 күн бұрын

good, normal people emit

@milleniumfalcon8654 27 күн бұрын

ETS= emissions trading scam 🤔

@stephenlaurence8650 27 күн бұрын

Are initiatives to reduce the number of cars on NZ roads going to be implemented?

@kjr2868 27 күн бұрын

Bill Gates has said in a recent interview that he will never grow trees as he doesn't believe growing trees is an effective solution to off-setting carbon emissions used! It was an interesting interview listening to his reasoning for say this. I grow tomatoes, because tomatoes need a lot of CO2. In greenhouses, they need more than 1000 ppm during the day!

@NaturalExplorerNZ 27 күн бұрын

What was his alternative out of interest ?

@kjr2868 27 күн бұрын

@@NaturalExplorerNZ If you type Bill gates on Climate change on KZbin a number of recent interviews come up on what he is suggesting. Basically he is promoting 'carbon capturing' making these into bricks and burying them in the ground. He says, 'if we are serious about net zero by 2050 growing trees won't help much as they take too long. Carbon capturing is new technology developed by the Oil and gas industry. In the US they are burying the bricks on the big open plain cattle ranches in places like Texas.

@Quentin-br5kl 27 күн бұрын

@@NaturalExplorerNZGeoengineering not good at all. Look it up

@jacobhargreaves9191 27 күн бұрын

@@NaturalExplorerNZ Investing money instead into energy storage and low carbon energy production such as fission. Planting trees is tokenistic

@Quentin-br5kl 20 күн бұрын

@@NaturalExplorerNZgeoengineering

@brutalborat5468 27 күн бұрын

Yes just what NZ needs....... MORE TAXES!!

@MrUHTiger 27 күн бұрын

Fckn joke aye

@kiwi2035 27 күн бұрын

yes, that's right

@sunset5927 27 күн бұрын

Yep, Nats bringing in more taxes think and fast!!

@timbrown7368 27 күн бұрын

Just green washing, make the middle class pay for companies emissions. The whole thing is a joke, but a really expensive one.

@Rihivan 27 күн бұрын

Another tax which will noy change the environment, just hurt lower to middle income new zelaanders

@ProfessionalBadPerson 27 күн бұрын

why won't it change the environment?

@kevinmckay1955 27 күн бұрын

Market based solutions haven’t worked. The carbon price is way too low. The timeframes too late. The reliance on tech for net zero is not plausible given energy use keeps growing and no solutions have been implemented. Economics won’t provide the solution.

@warrenwood3212 27 күн бұрын

Honestly $6 on a tank of gas.Really, this a doing nothing at all. Cost IS what ( in our culture) instigates change, it needs to hurt or we simply continue in a new norm. This s what’s happening because all our carbon output is increasing.

@nesiansides7133 27 күн бұрын

🤔 hmm.. jack seems nice in this one?

@ProfessionalBadPerson 27 күн бұрын

he is usually much more nice to the guests who aren't politicians, probably too much imo

@odrumcmydna 27 күн бұрын

😂 this is a gate way to carbon credits! Wait for the cyber attack on banks and the “credit” solution to get us through it….

@mxvega1097 27 күн бұрын

Crampton says "political tinkering", whereas you could say "government responsiveness to flawed design". An ETS or equivalent is not a neutral, independent, technical fix to a complex problem, it's the definition of political economy - the nexus of power and resource allocation. Citizens have a right to demand changes if it is having perverse effects.

@ravenswing602 27 күн бұрын

What a scam!

@WebsterVissel 27 күн бұрын

From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family. ❤️

@Nickson3209 27 күн бұрын

How please?

@WebsterVissel 27 күн бұрын

All I do is simple I just activate my account to copy trades from Evelyn Manson and that's all

@WebsterVissel 27 күн бұрын

Trading crypto now should be wise, but trading without an expert isn't advisable. I tried trading on my own but keep on losing. I think I'll give her a try

@Devocion-Souza 27 күн бұрын

Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds......... But Evelyn Manson, restored hope shes a good woman

@VirgoBurg 27 күн бұрын

Her name rings a bell; I've encountered it multiple times, usually associated with stories of her trading achievements. She deserves a lot of credit.